Pantheon Resources Share Discussion Threads

[padamster] 16/5/2023 17:14

I have no doubt it will be well oversubscribed. Anyone also heard from Pro

[madd_rip] 16/5/2023 17:13

All of our Board, as well as management and key advisers will be participating in the Fundraise as we are all excited about what is planned and the great potential of what we have discovered over the recent years."At least they are putting their money where their mouth is.

[padamster] 16/5/2023 17:12

Where’s unhelpful and truant

[nobbygnome] 16/5/2023 17:04

The naysayers price of 10p did not come to pass. Not even close!

[candlestick1] 16/5/2023 17:02

Feels like a decent raise at a decent price. Onward and upward (once we drop to 17p first, of course)

[candlestick1] 16/5/2023 17:02

$10.5m (at least), with a retail offer that may increase it.

[candlestick1] 16/5/2023 17:00

Placing. 17p

[markliddiard] 16/5/2023 16:37

Two nice trades just gone through! :-)

[michaelsadvfn] 16/5/2023 15:02

Pro_S2009 16 May '23 - 14:09 - 33328 of 33337 0 1 0

The resource that sold that the bulls talk about......had around 16 wells in it......appraised, proven and then sold for a few bucks a barrel.

PANR would need to drill a load more (say 10) wells into Alkaid and flow test and prove the appraisal process before they can start thinking about 3$ a barrel selling price imo....

Good you end with ‘imo’..... imo.

You know very well that the low-ball offer of $3.10/bbl was due to the resource being ‘stranded̵7;. To extract that oil requires billions of $$$ and years of constructing the infrastructure to transport it. That’s why it was bought for ‘only a few bucks’ per bbl.
So what if it had been adjacent and under the TAPS pipeline?

Go on Pro, tell us $3.15.

[padamster] 16/5/2023 14:57

Sandcrab (AKA Pro) patience. Your questions will be answered soon 😊

[sandcrab2] 16/5/2023 14:51

If they intended raising £10m for the SMD, it is a pity they didn't raise at 34p rather than 17p
Is a farm out at Alkaid even realistic in view of the problems?

[padamster] 16/5/2023 14:46

Pro why were you promoting this up to £1.75 if now you claim not to believe the story. BE AWARE OF PRO - HE HAS A 100% FAILURE RATE. YOU HAVE BEEN WARNED

[pro_s2009] 16/5/2023 14:40

East Texas had what....... 6 wells in it..........how did that go ?

Or should we not mention Texas......... LOL :)

You think anyone believes 100% whats being said and rumoured and theorised at the moment without taking it with a very large pinch of salt ? IMO......big pinches of salt needed.

[john henry] 16/5/2023 14:28

Half a program won't achieve that

[john henry] 16/5/2023 14:26

Forwood there is a small winter drilling window. Imho Panr bod wish to sell up sometime next year. I believe their program if successful will allow that.

[john henry] 16/5/2023 14:24

I don't hold at present. However quoting panr will need to drill 10 or more appraisal wells before selling sounds like noise coming from someone who hasn't a Scooby I repeat f ucking doughnut

[forwood] 16/5/2023 14:23

john henry - I'm aware of the plans, but most sharehodlers want them to go with a smaller raise at this time.

[padamster] 16/5/2023 14:23

Pro - remember when you were saying this was going to £1.75 and buy buy. I guess you also lost a shed load on the way down as usual

[pro_s2009] 16/5/2023 14:19

The doughnuts are the ones currently holding big loss making long positons........do you not think so.......

LOL :)

[john henry] 16/5/2023 14:16

10 wells lol f ucking doughnut.

[pro_s2009] 16/5/2023 14:09

The resource that sold that the bulls talk about......had around 16 wells in it......appraised, proven and then sold for a few bucks a barrel.

PANR would need to drill a load more (say 10) wells into Alkaid and flow test and prove the appraisal process before they can start thinking about 3$ a barrel selling price imo.

The farm in price, or lack of, will reveal real oil industry thoughts on PANR license areas.